Replies to post #6568 on Trulieve Cannabis Corp (TCNNF)

[HoldHigh]

Glad you finally came around. Welcome aboard the rocket ship.

[FUNMAN]

Hey cure627, Welcome to the party. Once the SAFE Banking Act is enacted into law, expect the measly institutional ownership to bounce high for this best of class stock. By the time that happens, the number of open stores might even be in the mid 40's. Both of those events should be a PPS stimulus.

Institutional Ownership and Shareholders
TCNNF / Trulieve Cannabis Corporation Institutional Ownership
Trulieve Cannabis Corporation (OTC:TCNNF) has 4 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 54,415 shares. Largest shareholders include Albert D Mason Inc, Rothschild Investment Corp /il, Hilton Capital Management, LLC, and IFP Advisors, Inc.

Trulieve Cannabis Corporation (OTC:TCNNF) ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%.

I think Trulieve will have a very strong ER. They are the only MSO doing everything right. One possible glitch is expenses. They are expanding the retail operations AND their grow facilities at the same time. Costs?

Revenues can be affected because social media has noted some product outages in some stores. My assumption is they have to rob peter to pay paul when a new store is opening for initial stocking. More inventory doesn't just magically appear. I don't know how much the affect was, but I read the twitter posts and posted them here.

Last week was the time to buy when The Street didn't have the information about the capital raise when it was announced. The knee jerk reaction pummeled the PPS. I knew it would happen, and should have added, but the uncertainty kept my finger off the mouse. Could'a, would'a, should'a.

Every cannabis company is coming to a corner they have to turn. The industry is maturing. Investors are turning away from hype, and focusing on fundamentals. The good companies aren't going to have surprising disappointments like CVSI did yesterday.

The cream will rise to the top. I think Trulieve is the cream.

It's only 2 weeks until the ER:

Trulieve Cannabis Corp. Announces Release Date, Conference Call and Webcast for the Third Quarter of 2019
October 31, 2019 at 8:00 AM EDT

TORONTO, Oct. 31, 2019 /CNW/ - Trulieve Cannabis Corp. ("Trulieve" or the "Company") (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States, will release its third quarter 2019 financial results on Monday, November 18, 2019, after market close. Management will host a conference call the following morning, Tuesday, November 19, 2019, at 8:00 AM Eastern Time to review the financial results.

https://investors.trulieve.com/news-releases/news-release-details/trulieve-cannabis-corp-announces-release-date-conference-call-2

[thehumanchessmachine]

Good to see you here my wise friend!!!